It’s unclear if Tehran is entertaining last-resort options — such as attacking tankers in the Strait of Hormuz, through which Middle East producers ship about a fifth of the world’s daily output. That type of action may draw the US, the world’s most powerful military, into the conflict, a risk Tehran has calculated that it […]
Tourists will spend money at local businesses, and Greenlanders themselves will now be able to travel to the U.S. more easily, Nathanielsen, the minister for business, mineral resources, energy, justice and gender equality, told Danish broadcaster DR. The route is also an important part of diversifying the island’s economy, she said. Fishing produces about 90% […]
The money manager has been gradually cutting its high-yield bonds and other sub-investment-grade debt over the past two years, Jeffrey Gundlach, chief executive officer, said at the Bloomberg Global Credit Forum in Los Angeles this week. There are myriad risks, including inflation and tariffs, and investors aren’t getting paid for them, he said.
Instead, Home Secretary Yvette Cooper announced on Jan. 16 that there would be a series of quicker, local probes into child grooming. At the same time, she appointed Casey to carry out the wider audit. The new national inquiry will serve to co-ordinate those targeted local investigations, Starmer said.
Metro Bank has received a takeover approach from private equity firm Pollen Street Capital, in a move that may see the high street lender taken private and intensify concerns about the shrinking roster of companies listed on the London Stock Exchange. The approach, made within the past fortnight, has not yet resulted in a formal […]
Multinational companies are pulling back from sponsoring Britain’s largest Pride festivals, with organisers reporting a significant decline in corporate funding amid growing global backlash against diversity, equity and inclusion (DEI) policies — particularly in the United States under the Trump administration. Brands such as Sony, Reckitt Benckiser, Costa Coffee, Deloitte, and Skyscanner are among those […]
HM Revenue & Customs is to dramatically cut the number of physical letters it sends, announcing plans to eliminate most outbound post — unless it directly generates revenue — as part of a broader shift to digital-first communications. The move, confirmed as part of Wednesday’s spending review, is expected to reduce HMRC’s post output by […]
Four of the UK’s most influential businesswomen have been awarded damehoods in the King’s Birthday Honours, recognising their outstanding contributions to British industry, innovation and leadership. Emma Bridgewater, the celebrated homeware designer and founder of her eponymous ceramics brand, was honoured for services to ceramics. Since founding her company in 1985, Bridgewater has helped revitalise […]